When you rent a place, it might not cross your mind to get renters insurance. Nonetheless, it is crucial for providing protection to your personal property from unforeseen threats.

No matter whether you live in a suburban rental condo or in downtown Columbia SC,, the importance of insurance for renters remains the same. Often, renters conclude that their landlord's insurance will cover their losses. But, this is often not the case.

Landlord's insurance generally covers the building and renters insurance any appliances or fixtures. However, this does not include a renter's personal possessions in case they come under harm or theft.

That is to say, if a potentially damaging event like a fire, theft or flood occurs, it falls on your shoulders to replace your damaged goods, unless you are equipped with renters insurance.

Purchasing renters insurance could also ensure protection from liability claims. For instance, if a visitor slips and falls within your rented property and they decide to sue you, your renter’s insurance policy can cover legal costs and any awarded damages.

To wrap up, the protective benefits of renters insurance are significant for tenants, and might be a worthy part of your budget. Whether you rent in Columbia SC’s downtown or in its suburbs, it is wise to secure your assets with a reliable renters insurance.